TA
I've Seen This Pattern Before - THETAUSD Possible 20%+ Incoming!THETA is one coin i've constrantly trading due to the fact that it seems to have a mind of it's own and not follow the rest of the market when it wants to run.
We've been squeeze and seen a small pop here and the reaction around previous high will be telling of whether we continue up to this diagonal or consolidate before a more telling more.
UNICON on the daily giving us confirmation we're currently sitting about this major MA cluster, which will act as resistance should we head back down.
For me, i'll be watching this closely and averaging in on the back of this overall triangle formation which i've seen a million times (Take a look at my AAVEUSD trade)
22% possible trade.. i'll take that.
Bitcoin TA - Bull RunIn my previous Analysis in ETH I stated that Bitcoin needs to break the 42,000 level and hold, in order to see some gains in Btc and Alt space.
We saw just that. BTC broke 42,000 saw a re-test supported by the Moving Averaged seen on the graph. Shortly after it has risen to 46,000 at the time of this post.
We also saw good runs in Altcoins such as ETH ADA LTC VET just to mention a few.
Bitcoin has much resistance ahead of it. but we did break the major one and it held. See my orange / red lines for a guide.
I would like to say that for those who thought the bull run was over, this is not the case " WE ARE STILL IN THE BULL RUN' However we had a good pullback. It was due to, a lot of manipulation was done to bring crypto space down. Don't get fooled by the media as it is not your friend, Media wants you to fail.
I will update and give explanation for each TA I do.
Smogster...
Could ETH be trading in a Channel? Eth looks like it's trading at the top of a wide, upward sloping, channel. The 20, 50, and 200 day moving average are all spaced apart and pointing upward confirming the uptrend, but the bearish divergence in the MACD is concerning. It's going to be interesting to see if price breaks above the tend-line into higher highs, or if it returns to the support trend line at the bottom of the channel. Only time will tell.
CNDusd (calculated by tradingview)CND
Long setup
worth an try for an moonshot
entery, stops and 8 tp are on the chart.
Grap it while it is still cheap
ADA - showing Ascending Triangle ( This is Bullish Pattern)#ADAUSDT
1. pattern is an Ascending Triangle - Bullish Pattern
2. Price coming back to $2.12 would make a Double Bottom Pattern - Bullish Reversal Pattern
3. Flat Volume and Flat Price allow for accumulation to occur - Very bullish if it breaks out
4. Flat MACD - Good for bullish continuation
5. Flat Price Movement allowed rsi to return to mean - Good for bullish continuation
Price Action/MACD/RSI are relatively bullish. Double Bottom within ascending Triangle Both Bullish.
Requirments To Trade
- Bitcoin Must Close above 60K on a daily TF.
- Entry: $2.12 area (double bottom confirmation)
-( Entry 2)Breakout of 2.33 area
Trust Wallet TWT looking good!Trust Wallet TWT presented a bullish "Bartley" with a second low at the 88% retrace, broke out of the supply line, made a third higher low where it back-tested the breakout. Judging by the volume its a fight between the bulls and bears. But if the hidden bullish divergence is right on the MACD, the bulls will win. My targets are $1.42, $1.65, and $1.75.
Price at support level of Bull flag trend line. 1 hour Chart. Looking at the 1 hour chart, price action seems to be holding at the bottom trend line of what appears to be the formation of a bull flag. Volume has decreased significantly as compared to the recent pump, signaling another move in the near future. I'm waiting to see if it's going to pump to higher ground or retest the bottom of the upper sloping channel, or possibly testing the 200 day EMA. Only time will tell.
Ripple XRP looking great long term XRP is looking great! Aside from the larger bullish harmonic on the larger time frame, I found a bullish cypher. Plus there is hidden bullish divergence on the MACD. Short term target is $1.35 -$1.42. Longer term target is $1.77-$1.97. This all rests on whether or not the price can break resistance at B. If not, maybe after a confirmation low equivalent to or higher than D, but I'm thinking the three lows after D should hold firm.
Looking for a DOGEUSDT Long at the 22c levelHighlighted area of interest for DOGE after this little mini pump.
See it aligns well with our golden pocket and Gravytrain cloud.
I always draw my fibs at the first bullish candle of the move and look for that fib zone, where price will often consolidate before the next move up.
Happy to be right, happy to the wrong as we learn from our mistakes, but this is where i'll play on DOGE
- May the trades be forever in your favour
**Would love to know your thoughts or charts below!
Swipe SXP poised for a bull run!A bullish Navarro200 harmonic is presented and a deep retracement to the first higher low. Then, another higher low with another deep retracement (after what looks like a possible bullish deep crab on the 4hr) leading to the next higher low. An entry could have been made on the 2nd low, but there is plenty of upside still if it can get above $2.57ish where there some resistance. To sweeten the deal, there is hidden bullish divergence on BOTH the MACD and RSI. I also like the fact that higher lows have been made ever since Dec of 2019. Its very possible to see the price reach up near A of the harmonic if resistances can become support!
Top Crypto Influencers To Follow In 2021(🔴PART 2)Hi guys
As I promised in the previous post about influencers, I also posted the second part for you, there are 6 other people on my list, and if the number of likes reaches 270, I will post it for you as well.
✨1.Loomdart(@loomdart)
Loomdart is a cryptocurrency analyst and veteran trader who has been actively dishing out well-researched, pertinent trading and investment tips and strategies on Twitter since mid-2014.
✨2.Starbust(@cryptostardust)
Also known as Inversebrah in the crypto community, Starbust can only best perfectly described a crypto memes connoisseur. Much to the amusement of his thousands of followers, Starbust's online persona brings a satirical and comical twist to the often over-serious and overcomplicated debate on cryptocurrencies and his popularity is only rising, so you might want to follow him to a laugh or two
✨3.Lil Bubble(@TheCryptoBubble)
Popularly known for producing parody versions of famous songs by the likes of Blink 182 and Avil Lavigne, Lil Bubble is undoubtedly the biggest satirist in the cryptocurrency space with hits like All Time Lows and Liquidated pushing him into an bigger online stardom. His productions can be found on Instagram and Twitter.
✨4.Altcoin Sara(www.youtube.com)
Sara is a rare female face in the crypto space and one of the community’s biggest advocates through initiatives like the Altcoin Buzz Ladies YouTube channel, where she discusses cryptocurrency news, provides market analysis and offers a platform for alternative perspectives in the world of blockchain.
✨5.Credible Crypto
Your main stop for understanding crypto trades, trends, and the marketplace at large is none other than Credible Crypto. Through his relentless quips on Twitter, Credible Crypto shares market analysis and investing advice with a healthy dose of humor thrown into the mix. He also does a superb job at breaking down key concepts and delivering a simple and approachable strategy to crypto investments and business
✨6.Changpeng Zhao(@cz_binance)
More commonly known as "CZ", this business executive is none other than the founder and CEO of the world's largest cryptocurrency exchange - Binance. With an impressive track record in software development and trading for Bloomberg, CZ also found success while working at Blockchain.info before moving on to found his own startup. He frequently shares his wealth of knowledge on Twitter, earning him a solid spot on this list of crypto influencers.
✨7.Nicholas Merten(@Nicholas_Merten)
Nicholas Merten is the founder of DataDash, the largest and arguably one of the most influential YouTube channels solely dedicated to covering crypto-related news. He's equally active on Twitter.
✨8.Roger Ver(@rogerkver)
Another early investor, Ver has supported a number of cryptocurrency startups and projects over the years, cementing his status as 'Bitcoin Jesus' (as he likes to proclaim himself). He's also a leading digital philanthropist after major donations toward economic education. He currently serves as CEO of Bitcoin.com and you can find him Twitter.
✨9.Vitalik Buterin(@VitalikButerin)
The co-founder of Ethereum (and the world’s youngest known crypto billionaire), boasts a massive online following, in large part due to his outspoken and opinionative views. The Canadian-Russian programmer isn’t exactly shy when it comes to stoking debate over some of the crypto industry’s most controversial aspects and has been praised for tackling sensitive issues head-on. He uses his platform to put pragmatism and principles before crypto politics. Buterin has also become a leading crypto philanthropist, making hefty donations to major causes. Follow him on Twitter, where he tends to drop some pretty big announcements.
✨10.Gavin Andresen(@gavinandresen)
Primarily known for his crucial contribution toward developing Bitcoin during its initial phase, Gavin Andresen was considered Satoshi Nakamoto’s right-hand man, taking over from the Bitcoin founder after his abrupt departure from the project in 2010. Andersen then went on to become the face for Bitcoin as it exploded into mainstream consciousness. He’s since gone into semi-retirement but still plays a big and influential role as Chief Scientist at the Bitcoin Foundation. You can find him on Twitter.
Short term Long ADABullish indications for short term long positions only taken from channel support to channel resistance = anticipating potential breakdown due to Bitcoins chart (IDEA LINKED BELOW)